2017-01-05

Predictions for 2017: Amazon $AMZN, Google $GOOG, Facebook $FB

Scott Galloway and Maureen Mullen's Predictions for 2017:

Amazon Go will prompt retailers to rethink the checkout experience, Google will continue dominating digital advertising, and Instagram will become the new Facebook as the original platform faces increased scrutiny over miscalculated metrics. Meanwhile, Snapchat's IPO will be dead on arrival and Amazon will become the most valuable company in the world. View video or read transcript below for even more predictions. Video above published by L2inc.com on Dec 30, 2016.

What Is Going To Happen In 2017 | AVC.com by VC Fred Wilson: "Trump will hit the ground running, cutting corporate and personal taxes, and eliminating the preferential treatment of carried interest capital gains [for hedge funds, private equity] ... The IPO market, led by Snapchat, will be white hot. Look for entrepreneurs and the VCs that back them to have IPO fever in 2017. I expect we will see more tech IPOs in 2017 than we have since 2000 ... It will be nearly impossible to raise money for an online advertising business in 2017 [Google and Facebook have won] ... AI will be the new mobile ... " (links and emphasis added)